I am currently testing this Expert Advisor on my trading platform MT4. This grid based EA seems to be a powerful one. Its not an ordinary grid based expert advisor that commonly using martingale model. On a backtest, it can gives more than 50 % return in a month with a very small lot and small drawdown. The picture below is the backtest screenshot using the following details:
- Initial balance : 100 USD
- Initial lots : 0.1
- Maximal lots: 1
- Level : 5
And the result from 1 September 2013 to 15 October 2013 is:
Please leave me your comment if you want to try this EA. Its free..
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